U2 Exam Review

Front

What is the distance at which the motorcycle passes the car?

Back

50 m.

Front

How do you calculate the value of a car after a certain number of years given a depreciation rate?

Back

Use the formula: Value = Initial Value * (1 - Depreciation Rate) ^ Number of Years.

Front

What is the value of a car purchased for $20,000 after 3 years with a 12% annual depreciation?

Back

$13,629.44

Front

What expression represents the future value of an investment with compound interest?

Back

Front

What does the point (8,128) represent in a context of cookies and flour?

Back

128 cookies require 8 cups of flour.

Front

What type of function describes a situation where you start with a fixed amount and add a constant amount each period?

Back

Linear.

Front

What is the formula for calculating simple interest?

Back

Simple Interest = Principal * Rate * Time.

Front

How do you determine the total amount after 16 years for an investment of $3000 at 2% interest?

Back

Front

What does a linear function look like on a graph?

Back

A straight line.

Front

What is the significance of the slope in a linear function?

Back

The slope represents the rate of change.